Summer Suites, Menara Solaris

Summer Suites (also known as Mercu Summer Suites) is a leasehold SOHO building located in Menara Solaris, KLCC. There are 403 units available at this project with built-up from 454 sf to 1,348 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price at around RM700 psf, and was completed in about 2015.

UEM Sunrise Bhd (fka Sunrise) is a very large-sized real estate company listed on KLSE, and it has constructed around 69 real estate projects in Malaysia. Other similar projects by the same developer are Menara Solaris and Summer VOS.

Property Type
SOHO
Land Tenure
Leasehold
Built-up
454 sf - 1,348 sf
Market Price
RM420,000 - RM880,000
Density
403 Units
Completed In
2015
Launch Price
About RM700 psf

This SOHO building has many amenities nearby, for example universities, metro transport stations, hospitals and schools. The following are some main universities here:

As for metro transport stations, there are LRT Dang Wangi, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Medan Tuanku. There are also some hospitals here, i.e. Al Islam Specialist Hospital, Specialist Hospital Al Islam and Twin Towers Medical Centre.

Lastly, the schools here are SMK Convent Bukit Nanas and Yayasan Sekolah Al Quran KL.

The current rental yield of Summer Suites is around 3.5%, compared to 3.86% a year ago in Q4 2020. The highest rental yield ever recorded was 5.47% in Q3 2016; while the lowest one was 3.49% in Q2 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Summer Suites is Studio / 493 sf with a median price of RM850 psf. For price wise, the most expensive one is 1-bedroom / 577 sf with a median price of RM1,100 psf; while the cheapest one is 2-bedroom / 1,348 sf with a median price of RM650 psf.

Latest Summer Suites for sale listings:

DateTypeBuilt-upPrice
19 Nov 2021Studio493 sfRM465,000
18 Nov 2021Studio500 sfRM480,000
15 Nov 2021Studio500 sfRM480,000
11 Nov 2021Condominium576 sfRM635,000
2 Nov 2021Condominium568 sfRM540,000
30 Oct 2021Condominium577 sfRM500,000
30 Oct 2021Condominium1,348 sfRM790,000
30 Oct 2021Condominium568 sfRM525,000
27 Oct 2021Condominium1,348 sfRM1,000,000
18 Oct 2021Office883 sfRM675,000

Latest Summer Suites for rent listings:

DateTypeBuilt-upRental
23 Nov 2021Condominium493 sfRM2,300
22 Nov 2021Condominium493 sfRM1,400
19 Nov 2021Studio493 sfRM1,300
19 Nov 2021Studio493 sfRM1,350
18 Nov 2021Studio502 sfRM1,500
18 Nov 2021Studio495 sfRM1,800
18 Nov 2021Studio500 sfRM1,600
18 Nov 2021Studio500 sfRM1,800
17 Nov 2021Studio493 sfRM1,350
15 Nov 2021Studio550 sfRM1,800
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